Since the global financial crisis, the US stock market, represented by the S&P 500 index, has been steadily rising.

This means investors in US stocks have been enjoying a prolonged period of strong returns.

Now though, many advisers and their clients may be worried that US equities are looking overvalued and that another stock market fall is imminent.

Add to this the US President's trade war with China, which has been ramping up in recent months, as well as other macroeconomic concerns, and suddenly the outlook for US stocks across the market cap spectrum may not look so rosy.

But does this mean clients should adjust their exposure to the region's equities, or are US stocks an important way to diversify an investment portfolio?

Talking Point, in association with Schroders, considers the outlook for the asset class, whether economic factors are worth considering and how advisers can help their clients look past the market noise and focus on long-term returns.

The report, which can be read by clicking the link in the image above, qualifies for an indicative 30 minutes' worth of CPD.